📊CFTC Notice on Information Collection Activities Under OMB Review
In compliance with the Paperwork Reduction Act of 1995 ("PRA"), this notice announces that the Information Collection Request ("ICR") abstracted below has been forwarded to the Office of Information and Regulatory Affairs ("OIRA") of the Office of Management and Budget ("OMB") for review and comment. The ICR describes the nature of the information collection and its expected costs and burden.
Learn More📞DTC Updates Contact Procedures
The Securities and Exchange Commission has published a notice regarding proposed rule changes by The Depository Trust Company (DTC). The changes aim to update DTC Procedures, including replacing outdated contact methods with a more streamlined online client portal, enhancing communication pathways for participants engaged in securities transactions.
Learn More📊Regulatory Compliance for Nonbank Major SWAP Participants Under Rule 18a-2
The SEC is proposing an extension for information collection under Rule 18a-2, which mandates nonbank major security-based swap participants to establish robust risk management systems and comply with specific capital requirements, ultimately ensuring market stability amid substantial operational risks.
Learn More🏦Change in Bank Control Notices and Implications for Acquisitions
The Federal Reserve System issued a notice regarding applications under the Change in Bank Control Act for acquiring shares of banks and bank holding companies. It outlines the process for public comment and informs on the considerations taken during application reviews. Transparency in the process is emphasized, allowing for stakeholder engagement.
Learn More🏡HUD Proposal for Moving to Work Asset Building Evaluation
HUD is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act, HUD is requesting comments from all interested parties on the proposed collection of information. The purpose of this notice is to allow for 30 days of public comment.
Learn More💰Analyzing Business Impact of the GENIUS Act Implementation
The Department of the Treasury (Treasury) is issuing this advance notice of proposed rulemaking (ANPRM) to solicit public comment on questions relating to the implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The GENIUS Act tasks Treasury (and various other federal agencies) with issuing regulations that encourage innovation in payment stablecoins while also providing an appropriately tailored regime to protect consumers, mitigate potential illicit finance risks, and address financial stability risks. Through this ANPRM, Treasury is seeking public comment on potential regulations that may be promulgated by Treasury, including regarding regulatory clarity, prohibitions on certain issuances and marketing, Bank Secrecy Act (BSA) anti-money laundering (AML) and sanctions obligations, the balance of state-level oversight with federal oversight, comparable foreign regulatory and supervisory regimes, and tax issues, among other things. Treasury is seeking comment on all aspects of the ANPRM from all interested parties and also requests commenters to identify other issues that Treasury should consider.
Learn More📈SEC Extends Review Period for LCH SA Risk Policy Changes
The Securities and Exchange Commission has designated an extended review period for LCH SA's proposed updates to its risk governance framework and various risk policies. These changes are crucial for organizations utilizing LCH SA for trading and collateral services, ensuring that their risk management practices align with regulatory standards.
Learn More🏦Change in Bank Control Notices
The Federal Reserve System has published a notice regarding the Change in Bank Control Act, detailing procedures for public comment on applications to acquire bank shares. It outlines notification requirements, factors for evaluation, and transparency in the comment process associated with these acquisitions, providing interested individuals an opportunity to express their views.
Learn More🏠VA Loan Service Report Information Collection Notice
In compliance with the Paperwork Reduction Act (PRA) of 1995, this notice announces that the Veterans Benefits Administration, Department of Veterans Affairs, will submit the collection of information abstracted below to the Office of Management and Budget (OMB) for review and comment. The PRA submission describes the nature of the information collection and its expected cost and burden, and it includes the actual data collection instrument.
Learn More💼Change in Bank Control Notices and Financial Regulatory Framework
The Federal Reserve System issued a notice regarding applications under the Change in Bank Control Act, detailing the process for acquiring shares in banks or bank holding companies. The notice emphasizes the criteria for reviewing applications, public comment guidelines, and the process for obtaining information about these applications.
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